6/15: CFPB Rule to End Payday Debt Traps, Upcoming Events, and More…
Consumer Financial Protection Bureau Proposes Rule to End Payday Debt Traps
Earlier this month, the Consumer Financial Protection Bureau (CFPB) proposed a rule to end payday debt traps by requiring lenders to take steps to make sure consumers have the ability to repay their loans. According to a CFPB press release, “the proposed rule would also cut off repeated debit attempts that rack up fees.” The proposed protections are strong and would cover payday loans, auto title loans, deposit advance products, and certain high-cost installment and open-end loans. For more information, read the full press release.
EVENT – Retirement Savings Goes Automatic
Friday, June 24, 2016
9:30 a.m. - 1:30 p.m. ET
The Aspen Institute’s Financial Security Program is hosting an event, “Retirement Savings Goes Automatic: Key Accomplishments of the Pension Protection Act and the Path Forward,” to highlight key accomplishments of the Pension Protection Act (PPA) related to automatic enrollment and other features that have expanded participation in private retirement plans, assess the impact of these provisions over the past decade, and explore what more needs to be done to build retirement savings for all American families. Featured keynotes include U.S. Representatives Joseph Crowley (D-NY) and Jared Polis (D-CO) as well as Edmund F. Murphy III, President of Empower Retirement. Click here for more information and to register.
EVENT: Employer-Sponsored Benefits and Family Financial Security
Thursday, June 30, 2016
8:30 a.m. - 1:30 p.m. ET
Join the Pew Charitable Trusts for, “Employer-Sponsored Benefits and Family Financial Security: The Current Landscape and Opportunities for the Future,” – a series of discussions highlighting the state of employer-sponsored benefits; the impact of shifts in the benefits landscape for firms and workers; and the role of research, policy, advocacy, and philanthropy in an evolving field. For more information about the tentative agenda and to register, click here.
2016 Asset Learning Conference
September 28-30, 2016
Register for CFED’s 2016 Assets Learning Conference, which brings together over 1,300 professionals dedicated to creating an opportunity economy in the United States. Highlights for this year’s conference include: Six plenary sessions, more than 60 breakout sessions, several afternoon-long capacity-building workshops, advocacy visits to Capitol Hill, and a training session to help advocates prove to their lawmakers the value of their work. Click here to register or for further information.